SDM and QMMM halts

Came to know that many companies besides SDM and QMMM based in hongkonv or Singapore have been halted by Nasdaq due to possible price manipulation by social media groups, my question isn’t there a possibility that these companies are just victims like retail investors? My thought is that scammers on social media target companies with low floating shares volume by seducing investors on social media to buy their stocks and pump the price fast and then short it and make a lot of money. What do you think?